ASX Growth Shares
Here’s why Netwealth (ASX:NWL) shares are soaring
The Netwealth Group Ltd (ASX:NWL) share price is up more than 6% after announcing its September 2020 update.
October 8, 2020
Big money is not in the buying or selling, but in the waiting.
For my own portfolio, I like to find ASX shares that are growing their dividends. Growth is an essential part of the dividend equation for me. I want to see that the dividend increases are funded by growing earnings and/or growing underlying asset values. I also have a portion of my portfolio invested in an ETF that picks undervalued global businesses with strong competitive advantages.
For Rask Media, I have an interest in covering technology (and tech-related) businesses with a global growth story, as well as cyclical companies that are cheaply priced because they’re at a low point in the cycle, such as retailers and resource businesses which could benefit strongly in the medium-term.
The Netwealth Group Ltd (ASX:NWL) share price is up more than 6% after announcing its September 2020 update.
Splitit Ltd (ASX:SPT) shares are currently up after the buy now, pay later business announced its September 20 quarter.
The Sezzle Inc (ASX:SZL) share price is jumping after reporting large growth in its September 2020 quarter.
CSL Limited (ASX:CSL) has signed an agreement with the Australian government for a COVID-19 vaccine.
It’s possible that National Australia Bank Ltd (ASX:NAB) could be facing a $100 million fine. Should shareholders be worried?
ELMO Software Ltd (ASX: ELO), the HR and payroll provider, has announced an acquisition called Breathe worth $32.4 million in the UK.
Smartgroup Corporation Ltd (ASX:SIQ) shares are up over 3% after a positive update.
I think it’s a positive sign when insiders buy shares. There have been purchases of Washington H. Soul Pattinson and Co. Ltd (ASX:SOL) shares.
The ARB Corporation Limited (ASX:ARB) share price is up more than 4% after providing a market update.
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